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Trade and Industry Department The Government of the Hong Kong Special Administrative Region
Brand Hong Kong - Asia world city

Commercial Information Circulars

24-hour hotline : 23 922 922

e-mail address : enquiry@tid.gov.hk

Ref : EIC 426/2

8 January 2016

Dear Sirs,

Commercial Information Circular No. 40/2016

Mexico : Increases Duties and Imposes Licencing Requirements on Additional Iron and Steel Products

The Mexican government recently implemented a multi-pronged strategy aimed at protecting the domestic steel sector from unfairly traded iron and steel products, in particular the imports of a range of steel products from Mainland China.

DETAILS

2.The measure with the greatest immediate impact involves a temporary increase from zero to 15 percent in the most-favoured-nation duty rate for iron and steel products classified under Mexican Harmonised Tariff Schedule (HTSMX) codes 7207.12.01, 7207.12.99, 7208.10.01, 7208.10.02, 7208.10.99, 7208.25.01, 7208.25.99, 7208.26.01, 7208.27.01, 7208.36.01, 7208.37.01, 7208.38.01, 7208.39.01, 7208.40.01, 7208.40.99, 7208.51.01, 7208.51.02, 7208.51.03, 7208.52.01, 7208.53.01, 7208.54.01, 7208.90.99, 7209.15.01, 7209.15.02, 7209.15.03, 7209.15.99, 7209.16.01, 7209.17.01, 7209.18.01, 7209.25.01, 7209.26.01, 7209.27.01, 7209.28.01, 7209.90.99, 7211.13.01, 7211.14.01, 7211.14.02, 7211.14.99, 7211.19.01, 7211.19.02, 7211.19.03, 7211.19.04, 7211.19.99, 7211.23.01, 7211.23.02, 7211.23.99, 7211.29.01, 7211.29.02, 7211.29.03, 7211.29.99, 7211.90.99, 7213.10.01, 7213.20.01, 7213.91.01, 7213.91.02, 7213.99.01, 7213.99.99, 7224.90.02, 7225.19.99, 7225.30.01, 7225.30.02, 7225.30.03, 7225.30.04, 7225.30.05, 7225.30.06, 7225.30.99, 7225.40.01, 7225.40.02, 7225.40.03, 7225.40.04, 7225.40.05, 7225.40.99, 7225.50.01, 7225.50.02, 7225.50.03, 7225.50.04, 7225.50.05, 7225.50.06, 7225.50.99, 7226.19.99, 7226.91.01, 7226.91.02, 7226.91.03, 7226.91.04, 7226.91.05, 7226.91.06, 7226.91.99, 7226.92.01, 7226.92.02, 7226.92.03, 7226.92.04, 7226.92.05, 7226.92.99, 7227.10.01, 7227.20.01, 7227.90.01 and 7227.90.99. These higher duties are in place from 7 October 2015 through 4 April 2016 and apply to goods from all sources with the exception of goods imported into Mexico under a free trade agreement.

3.Mexico has also expanded its automatic import licencing regime to include 25 additional iron and steel products classified under HTSMX codes 7208.25.01, 7210.49.01, 7210.49.03, 7210.49.04, 7210.70.01, 7210.70.99, 7216.31.01, 7216.31.02, 7216.31.99, 7216.32.01, 7216.32.02, 7216.32.99, 7216.33.01, 7216.40.01, 7217.10.99, 7225.92.01, 7227.20.01, 7227.90.99, 7304.29.03, 7312.10.01, 7312.10.05, 7312.10.07, 7312.10.08, 7312.10.10 and 7312.10.99. Importers of iron and steel products subject to licencing requirements are required to provide information (such as tariff classification, quantity to be imported, value in U.S. dollars, country of origin, etc.) through Mexico's electronic single window. For details, please refer to the following official notices (in Spanish) at

Temporary increase in steel duties
http://dof.gob.mx/nota_detalle.php?codigo=5410812&fecha=07/10/2015

Import licencing steel
http://dof.gob.mx/nota_detalle.php?codigo=5409736&fecha=29/09/2015

 

ENQUIRIES

4.For enquiries about the content of this circular, please contact Mr Lewis LAU at telephone number 2398 5405.

Yours faithfully,

(Miss Janice LAU)
for Director-General of Trade and Industry

Note: While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.